ParcelLens
Property Intelligence · Twin Cities
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Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2014 · $64K total declared value · Most recent: Oct 2018 (commercial multi-family)
MESPO HEATING AND COOLING INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Loring Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1052.04
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Residential Mixed-Use 3 — higher-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 3,199 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 121 GRANT ST W MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | LOW INCOME RENTAL | $2,500,000 | 55 ft |
| 117 GRANT ST W MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | APARTMENT | $2,575,000 | 109 ft |
| 1365 SPRUCE PL MINNEAPOLIS MN 55403 | SPRUCE PLACE APTS L L P | APARTMENT | $2,700,000 | 113 ft |
| 115 GRANT ST W MINNEAPOLIS MN 55403 | KHOSA BEVERAGE INC | COMMERCIAL-PREFERRED | $1,112,500 | 176 ft |
| 1367 WILLOW ST MINNEAPOLIS MN 55403 | EITEL APARTMENTS LLC | APARTMENT | $33,420,000 | 212 ft |
| 1362 LASALLE AVE MINNEAPOLIS MN 55403 | LITTLE NUGGETS HOLDINGS LLC | COMMERCIAL-NON PREFERRED | $812,000 | 240 ft |
| 1368 LASALLE AVE MINNEAPOLIS MN 55403 | MN LPM APARTMENTS LLC | APARTMENT | $64,490,000 | 241 ft |
| 101 GRANT ST W MINNEAPOLIS MN 55403 | HIGH 5 LLC | COMMERCIAL-PREFERRED | $791,900 | 258 ft |
| 108 GRANT ST W MINNEAPOLIS MN 55403 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 264 ft |
| 1346 LASALLE AVE MINNEAPOLIS MN 55403 | AEON PRESERVATION LP | LOW INCOME RENTAL | $7,650,000 | 317 ft |
Most Recent Sale
Current Tax Year